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The IRS requires that your medical and dental expenses must exceed 7.5% of your gross adjusted income to qualify for a tax deduction. You can only deduct the portion of your expenses that exceed ...
In New York City, the STAR Program is a tax exemption for those who applied before Fiscal Year 2015-2016 and a tax credit there after for new applicants. [3] The program, which acts similarly to (but is much less extensive than) homestead exemptions in other states, was enacted on August 7, 1997, [ 1 ] a product of the annual budget of then ...
A cigarette tax increase of 62 cents—bringing the total tax on a pack of cigarettes to $1.01—an increase of tax on chewing tobacco from $0.195/lb. to $0.50/lb.—as well as tax increases on other tobacco products [52] was proposed as a funding source for the program's expansion.
The tax department was formally created on January 1, 1927, but the first signs of the department date to 1859. The original intent was to find a way (a mathematical formula) to distribute tax revenue to individual counties in New York State.
If new tax legislation passes, half a million kids could be lifted out of poverty by 2025. Bipartisan tax deal could lift 400,000 kids out of poverty—and give Biden a win in an election year ...
Oversees the New York City Sheriff's Office, which acts as DOF's law enforcement division and the City's chief civil law enforcement agency. Through the Mayor's Office of Pensions and Investments, the Department of Finance also advises the Administration on the City's $160 billion pension system and $15 billion deferred compensation plan.
Under the new bill, which is expected to sail through the council on Thursday, the city will slash the number of students required to be eligible for the school safety program from 300 to 150.
These cuts are an assault on New York City’s children and working families. This is the 5th straight year that Mayor Bloomberg has cut child care and after-school programs, and his newest cuts would mean more than 90,000 children stranded without care since 2009 – that’s a 61% decrease. The